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4 contributions to strIQ Squad
STR Bank Account recommendations
Hi everyone, does anyone have a bank they love for their STR business? We currently use bluevine for our one STR because they give you interest ever month on the money sitting in the account, kind of like a HYSA. We are increasing to 2 STR this month and I was curious if anyone had a bank they like more for multiple properties?
0 likes • 3d
Are you looking for a place to park $ for your operating account or do you mean which bank to finance your next STR purchases? There are a lot of good DSCR lenders out there for STRs but can be dependent on which states you're in to see which are available. Personally we've also used small community banks in small towns that have limited STR comps data (or low market rents on long term rentals) and have also had success with commercial loans
0 likes • 2d
Ahh gotcha ok, makes sense. That is pretty attractive for their rate. I'm usually keeping money holding in CIT as a money market then transferring to our operating accounts but makes sense if you can keep it all in one bank and get a strong interest rate on it
Currituck
See image! Anybody have a STR in that area?
Currituck
0 likes • 3d
@Eric Nelson that's terrible to see! I had fire on one of my properties years ago and can relate though, not fun.... we do have several STRs in NC if we can help be resource. Wasn't sure from your comment where exactly they are located
0 likes • 2d
@Eric Nelson Ahh gotcha, yes we don't have anything in that area. We do manage some STRs in Oak Island which is the closest we have to there but that is quite far...
Intro
Hello. My husband Ed and I are new to the community but have been involved with STR’s for 3 1/2 years. We purchased our 1st property after attending conferences and listening to hundreds of hours of learning. We wouldn’t have been nearly as successful without communities like this. We currently own one of our own properties, manage 3 properties fully, and do revenue management/calendar and listing optimization for 5 properties. I am also a REALTOR in Michigan who specializes in helping investors find profitable STR’’s that meet their goals. Ed and I have been essentially underwriting 100’s of properties a month to narrow options down for investors. Only a few truly pencil out. I’m happy to now unload a lot of that process by using STRIQ. We are currently in the process of creating a curated group of properties that we manage and market. Our goal is trusted properties that meet rigorous standards. I’m eager to connect with other managers and co-hosts to learn from each other.
1 like • 3d
Welcome to the group!
Just Joined!
Hi everyone, I'm excited to join this community! I'm an STR operator that has been invested in short term rentals since 2013. My business partner and I currently own about 15 properties with 45 total under management across 6 markets at our PM company ( Coolbnbs.com ) and I'm also an active broker at EXP Realty in Charlotte NC. I had the chance to meet Matt and learn all about STR IQ at the Limitless RE event about a month ago and had the opportunity to be featured on his 'Find it Friday' call a couple weeks ago. I'm still in acquisition mode too so if anyone has something they're looking to sell or needs managed, please DM me! Looking forward to networking with you all!
0 likes • 4d
@Ellie Paget sounds good. 15 different markets sounds like quite a lot of moving parts! I thought we had it busy with our 7:) Can you send your link for design? My wife has been doing all ours from her design and staging business but always good to have options for our clients
0 likes • 3d
@Jamie Cheney Hi Jamie, would love to sync up, lets get on a call this week or next if you're free. And I'd totally agree w/ your feedback on the Charlotte areas... it can help to be near downtown but you definitely don't need to be in proximity to still have success here w/ STRs as each area of the city offers benefits (proximity to one of our lakes, proximity to the airports, proximity to Southpark shopping/golf tournaments, proximity to Carowinds theme park, etc). Look forward to connecting....
1-4 of 4
Rory Cummins
2
10 points to level up
@rory-cummins-1819
I'm a real estate broker & investor with 25+ years’ experience, specializing in short-term rentals & helping investors & clients succeed in the market

Active 1d ago
Joined Sep 16, 2026
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